China Eximbank provides RMB 493 million government concessional loan for National Broadband Network Project (Linked to Project ID#30652)
Commitment amount
$ 88581881.913401
Adjusted commitment amount
$ 88581881.91
Constant 2021 USD
Summary
Funding agency [Type]
Export-Import Bank of China (China Eximbank) [State-owned Policy Bank]
Recipient
Mali
Sector
Communications (Code: 220)
Flow type
Loan
Level of public liability
Central government debt
Infrastructure
Yes
Category
Project lifecycle
Description
On March 6, 2014, the Chinese Government and the Government signed a preferential loan framework agreement for the National Broadband Network Project. Then, on April 11, 2014, China Eximbank and the Government of Mali signed an RMB 493,000,000 government concessional loan (GCL) agreement for the National Broadband Network Project. This loan agreement was ratified by Parliament on September 3, 2014 (Law No. 2014-045) after its approval on June 11, 2014 by the Council of Ministers. The proceeds from this loan will be used to finance a commercial contract (worth 35,213,172,169 CFA francs) between the Government of Mali and Huawei Technologies Co. Ltd, which was signed November 18, 2011. This project involves the laying of 1300 km of fiber optic cable along 3 roads: (1) Bamako-Kourémalé; (2) Mopti-Douentza-Gao; and (3) Markala-Niono-Léré-Niafunké-Goundam-Tombouctou. It also involves the establishment of a data center in Bamako, modernize the Government of Mali’s communication network, establish a videoconference system, create a video surveillance system to manage security risks and road traffic, and install surveillance equipment. Huawei Technologies Co., Ltd. is contractor responsible for implementation. Construction began in December 2015. The originally anticipated project execution period was 15 months.
Additional details
The French project title is Projet Réseau de large bande national du Mali or Le Réseau Large Bande National du Mali. The Chinese project title is 宽带网项目. This project is, for all intents and purposes, the second phase of the China Eximbank-financed Fiber Optic and Telecommunications Modernization Project (captured in Project ID#30652).
Number of official sources
12
Number of total sources
22
Details
Cofinanced
No
Direct receiving agencies [Type]
Government of Mali [Government Agency]
Implementing agencies [Type]
Huawei Technologies Co., Ltd. [Miscellaneous Agency Type]
Government of Mali [Government Agency]